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ALBANY, N.Y. (AP) - The Cuomo administration says construction of a hotel with a 75-year lease has been approved by the Port Authority board for Kennedy Airport in Queens.

The governor’s office says the project will turn the former TWA Flight Center into a 505-room hotel complex at Kennedy, one of the few large U.S. airports without on-site lodging.

The construction project is expected to break ground next year and generate 3,700 jobs including about 2,500 union jobs. It’s scheduled to open in 2018.

Flight Center Hotel LLC is expected to spend $265 million on the construction. It is a partnership of MCR Development, which will own 95 percent of the hotel, and JetBlue Airways Corp., which will own 5 percent.